Diminishing Marginal Utility of B-Schools in India

Application of diminishing marginal service program of B-schools (With every recent B school the value of the course and the college is decreasing) Group Members: In microeconomics, the marginal utility of a good or good is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. We will try and analyze the diminishing marginal utility of B-schools value as the number of colleges is increasing. Today the number of B-Schools we gibe has been increasing over a period of metre. In India, on that point are over 2,400 b-schools of which 1,999 are approved by the each(prenominal) India Council for Technical Education (AICTE) and 400 functions as unapproved private b-schools. to determineher they have nearly 190,000 place for a total consortium of 3.5-4 lakh MBA aspirants who sit for the national and state-level MBA entrance exams. The number of seats are fewer than the total pool of available students, get students to enroll should not be a problem for these 2,400 b-schools (includes every tiers of B-schools). In 2003, most freshers chose higher education due to the concomitant that the economy then promised them something re totallyy big if they spent twain long time arming themselves with more skills before venturing out into the pedigree market.

In other words, there werent many mercantile opportunities available for someone fresh out of undergraduate college. On the other hand, those who were employed for 4 or more years never bothered so much with a 2-year fulltime MBA in India. There were fewer b-schools in the country, and take oning up their dream capacity wasnt that much of a challenge. Seeing this trend, b-schools started mushrooming all over the country over the next five years. every year, since the last 2-3 years, an increasing number of b-schools are finding it tougher to fill the complete intake capacity of their MBA or PGDM batches by the time they begin their sessions in the month of June. We are not talking about 50 of the best known b-schools, which have... If you want to get a full essay, order it on our website: Orderessay

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